DLF Limited's latest venture, DLF Dahlias, has redefined luxury living in Gurugram, India. Launched in October 2024, this 17-acre super-luxury housing project is strategically located in DLF Phase 5, adjacent to the prestigious Golf Course Road.
Exceptional Sales Performance
Within just nine weeks of its pre-launch, DLF The Dahlias achieved remarkable sales, with 173 units sold for ₹11,816 crore. This unprecedented demand is largely attributed to ultra-high-net-worth individuals (ultra-HNIs) and non-resident Indians (NRIs), who collectively accounted for a significant portion of the sales.
Project Overview
The development comprises approximately 420 ultra-luxury residences, including apartments and penthouses, each offering expansive living spaces starting from 10,300 square feet. The pricing strategy positions these residences among the most exclusive in the region, with average realizations around ₹70 crore per unit.
Financial Outlook
Based on current sales and pricing, DLF projects the total revenue from DLF Dahlias to exceed ₹35,000 crore, significantly surpassing initial estimates. This projection underscores the project's success and its impact on DLF's financial performance.
Future Prospects
Looking ahead, DLF aims to monetize the remaining units of Dahlias over the next three years, with plans to increase prices for the unsold inventory. The company anticipates that the ongoing demand for luxury properties in Gurugram, coupled with its strong brand positioning, will continue to drive sales and contribute to its growth trajectory.
In summary, DLF Dahlias exemplifies the burgeoning demand for ultra-luxury residences in Gurugram, solidifying DLF's leadership in the luxury real estate market and setting new benchmarks for high-end living in India.
